Posts Tagged ‘machinery;’

In Business, How Do You Encourage Employee Retention?

Many businesses fail to realise the amount of time it takes to get a new employee fully trained. It can take anywhere between 1 and 6 months to train a new member of staff. It can also take the same amount of time to find out if they are suitable for the job in the [...]

Buying Assets And Depreciation: What You Need To Know

Depreciation refers to the decline in the value of any equipment, vehicle or machinery when we use them and ultimately they wear out. For the accounting purpose in any business, this depreciation is used to write off the asset’s value over time. If you are planning to buy any kind of assets then you should [...]

The Cost of Doing Business in South Africa

A recent survey by The Economist Intelligence Unit ranked South Africa as highly cost effective (10th out of 31 countries surveyed). South Africa’s exchange rate makes it one of the least expensive countries in which to do business – particularly one with a first-world infrastructure and high living standards. Even though stronger local currency has [...]

Embracing Your Multiple Streams of Passion

Are you someone who has many interests? Do you like to read and write, fix and invent, design projects and start businesses, and many other things all at once? If so, then you are a multiple-streams-of-passion person. “And” is your favorite word. You feel limited by the word “or,” uncomfortable when you need to narrow [...]